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  2. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]

  3. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    The Home Affordable Modification Program (HAMP) was established on February 18, 2009 to help up from 7 to 8 million struggling homeowners at risk of foreclosure by working with their lenders to lower monthly mortgage payments. The Program is part of the Making Home Affordable Program which was created by the Financial Stability Act of 2009. [26]

  4. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    FHA loan modification: There are a few options for an FHA loan modification, including an interest-free loan for up to 30 percent of your balance or a 40-year loan extension.

  5. Mortgage modification - Wikipedia

    en.wikipedia.org/wiki/Mortgage_modification

    Any change to the mortgage terms is a modification. Changes may include any of the following: a reduction of the yield (commonly referred to as the interest rate ), an extension of the payment term, such as extending a 30-year term to a 40-year term, or a reduction of the principal balance of the loan.

  6. How the Flex Modification Program Works - AOL

    www.aol.com/finance/flex-modification-program...

    The Flex Modification program was created to replace existing mortgage modification programs, including the Home Affordable Modification Program (HAMP) and the Standard Modification program. The ...

  7. The administration said it was expanding eligibility for its Home Affordable Modification Program, known as HAMP, to borrowers with higher debt loads and tripling the incentives it pays banks that ...

  8. HAMP Hobbles Behind Private Modification Programs - AOL

    www.aol.com/news/2010-09-02-hamp-hobbles-behind...

    The federal government's Home Affordable Modification Program has a lot of work left to do if it hopes to catch up to the private sector. HAMP, with its promise of helping up to 4 million ...

  9. Alamy A new federal government report says that more than 163,000 of the 600,000 or so homeowners who received permanent loan modifications under the Home Affordable Modification Program have ...

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